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Capilano College
foundation formed
Capitano College Foundation ,
the first of its kind in col1Pg2
circles in the province, moved
from the planning !'!age WPdnesday to a reality when its charter memb<>rs ~ign Pd thP c-an stitution.
The lo'oundation must be established under the So<:ietiPS Act
and government approval is expectal within two weeks.
Under the slogan ''Gift-. go an
Giving Through the Capilano
Collel!e Foundation," the aim is
to appeal for gifts for the foundation's endowment pool.
Investment
rev2nue
from
these gifto.; will be used for burscholarships,
special
l'aries ,
equipment, community service
programs. etc. Th2 original fund
will be left intact.
Chairr11 .1n
Alfred Glenesk,
principal of Capilano College,
leges hav2 trust funds which
explained that while other colare tied to their budgets, the
Capilano Foundation woul-1 be a
separate organization, responsible only to its directorate for
decisions.
Mr. Glenesk said Capil;:mo
will have far more reque<>ts for
services tha n it can provide. He
pointed out that four tim2S as
many students with de.,erving
standards applied for scholarship funds last year than could
be granted.

The constitution allows three
classes of members, chart2r,
associate and honorary.
Charter members who signed
the constitution, remain as charter members for life.
Associat2 membership is open
to the public and carries a fee
of S5 per annum. It carries voting privileges at all meetings of
th2 Foundation.
A donation exceeding $100 approved by the executive committee confers a life membership on th2 donor.
The Foundation will be governed by an executive committee made up of two-thirds charter members and one-third associat2 members.
Charter members include two
residents of the colleg2 district.
its principal and 15 business
members of the college faculty.
Here is the list:
Hugh Addison, manager Park
Royal Ltd.; W. D. Bird, PR
supervisor, Canadian Park a·nd
Tilford; F. H. B. Charlesworth,
vice -president, Dillingham Corporation Canada Ltd. ; J. Driehuyz2n, general manager and
vic<! - president Fabte<· Stru<'tures Ltd.; Alex Forst, mayor.
West Va·ncouver.
B. B. Greenlee, manager.
Anaconda Mines: P2ter Jones,
P.Eng., Read, Jones Christofferson; Frank Millerd, vice-president, Francis Millerd and Co.;
R. McKilligan, manager, Overwailea Stores; Leo V. O'N2ill,
chartered general accountant;
Paul Reecke, barrister, Ra:t- ·
cliffe, Kitchen and Re<><:ke.
Mrs. Margaret Comba Ramsay , president, North Shore
Business and Professio-nal Women 's Club; L. H. Schnurstein,
works manager, Hooker Chemical Ltd.; W.. J. (Ba2) Wallace,
barrister, Bull, Housser :md
Tupper legal firm; Douglas
· Walker, manager, Manpower
North Vancouver office.
Capilano faculty on the- directorate include the principal Alfr2d Glenesk, Mrs. Patricia and
Dr. Ke-ith Wade.
Peter Watts was the legal
consultant from the law firm of
Barbeau, McKercher, Collingwood and Hanna who drew up
the constitution.